Elevatus Welath Management Purchases Shares of 20,603 Direxion Daily Regional Banks Bull 3x Shares $DPST

Elevatus Welath Management acquired a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) during the fourth quarter, Holdings Channel reports. The fund acquired 20,603 shares of the company’s stock, valued at approximately $2,082,000.

Several other large investors have also recently modified their holdings of DPST. SOA Wealth Advisors LLC. purchased a new position in shares of Direxion Daily Regional Banks Bull 3x Shares in the third quarter worth about $28,000. Pin Oak Investment Advisors Inc. purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares during the 3rd quarter valued at about $40,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares during the 3rd quarter valued at about $42,000. Choreo LLC bought a new position in Direxion Daily Regional Banks Bull 3x Shares during the 3rd quarter worth approximately $200,000. Finally, Stephens Inc. AR bought a new position in Direxion Daily Regional Banks Bull 3x Shares during the 3rd quarter worth approximately $210,000.

Direxion Daily Regional Banks Bull 3x Shares Price Performance

Shares of Direxion Daily Regional Banks Bull 3x Shares stock opened at $89.10 on Friday. The business’s 50 day simple moving average is $112.42 and its two-hundred day simple moving average is $103.13. The stock has a market capitalization of $447.28 million, a P/E ratio of 10.48 and a beta of 2.67. Direxion Daily Regional Banks Bull 3x Shares has a one year low of $46.00 and a one year high of $146.09.

Direxion Daily Regional Banks Bull 3x Shares Company Profile

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.